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Vahid Roshanaei; Bahman Naderi; Opher Baron; Dmitry Krass – INFORMS Transactions on Education, 2024
We present an interactive spreadsheet that supports teaching essential concepts in classification using the logistic regression (LoR) model for binary classification. The interactive spreadsheet demonstrates the capabilities of LoR by integrating computation with visualization. Students will reinforce concepts like probabilities, maximum…
Descriptors: Spreadsheets, Interaction, Classification, Computation
Mark W. Isken – INFORMS Transactions on Education, 2025
A staple of many spreadsheet-based management science courses is the use of Excel for activities such as model building, sensitivity analysis, goal seeking, and Monte-Carlo simulation. What might those things look like if carried out using Python? We describe a teaching module in which Python is used to do typical Excel-based modeling and…
Descriptors: Spreadsheets, Models, Programming Languages, Monte Carlo Methods
Brusco, Michael J. – INFORMS Transactions on Education, 2022
There are a variety of discrete facility location models that have practical relevance for operations management and management science courses. Integer linear programming (ILP) is the standard technique for solving such problems. An alternative approach that is often conceptually appealing to students is to pose the problem as one of finding the…
Descriptors: Problem Solving, Spreadsheets, Facilities, Geographic Location
Brusco, Michael – INFORMS Transactions on Education, 2022
Logistic regression is one of the most fundamental tools in predictive analytics. Graduate business analytics students are often familiarized with implementation of logistic regression using Python, R, SPSS, or other software packages. However, an understanding of the underlying maximum likelihood model and the mechanics of estimation are often…
Descriptors: Regression (Statistics), Spreadsheets, Data Analysis, Prediction